Employer Sponsored Health Care Plans Fall By 10%

According to Robert Wood Johnson Foundation’s health-care coverage team, employer-sponsored health-care plans have decreased over the last 10 years by approximately 10%. Health insurance prices are on the rise and many companies and individuals face difficult decisions. The average amount of money workers paid for insurance coverage from 1999 to 2010 jumped from $435 to $1,056 for individuals and $1,526 to $3,842 for families. Many experts say that dropping employer-sponsored health-care plans has been a trend over the last few years in order to cut costs. The Patient Protection and Affordable Care Act states that companies with 50 or more employees are required to carry insurance for their workers or will be fined $2,000 per worker as penalty. More here

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